Nursing Care Facilities Market: ZIP 45174
Opportunity Score
78
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 45174 is an urban area. with a population of 2,294 and household incomes well above the national median ($205,795).
Area Profile
2,294
Population
$205,795
Median Income
+176% vs. national
Urban
Area Type
Median Age: 38.5 —
mixed-age market, broad menu appeal.
College-Educated: 51.5% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,930
2BR Fair Market Rent
$3,021
Median Gross Rent
$580 K
Median Home Value
Tips for Starting a Elder Care Business in Ohio
- State licensing for assisted living takes 6-12 months and involves facility inspections, staffing plans, and background checks. Start early.
- Staffing is your #1 cost and #1 challenge. CNA turnover runs 50-75% annually in most markets. Budget for constant recruiting.
- Medicare and Medicaid reimbursement rates vary by state. Some states pay well. Others don't cover costs. Know your state's rates before committing.
- Start small. A residential care home (6-8 beds) requires far less capital than a 50-bed facility and lets you prove your model.
- The median income here is $205,795. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+176% vs. $74,580
Nearby Markets
45243
2.6 mi
Pop: 15,958
$170,006
Walk: 9.7
45244
3.2 mi
Pop: 28,720
$108,413
Walk: 7.1
45111
3.4 mi
Pop: 238
$84,375
45147
3.7 mi
Pop: 64
45227
5.1 mi
Pop: 18,653
$70,614
Walk: 13.8
45150
5.7 mi
Pop: 33,342
$91,780
Walk: 8.6
45242
6.5 mi
Pop: 22,253
$120,869
Walk: 13.0
45236
6.8 mi
Pop: 24,648
$81,990
Walk: 11.6
Check Another Market
Or estimate costs with the ElderCareCost calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits